Mamaearth parent proposes Rs.3-per-share dividend, its first ever, after record profit in Q4
New Delhi, May 21 -- The board of Honasa Consumer, parent company of Mamaearth, Aqualogica and The Derma Co, approved a final dividend of Rs.3 per equity share, its first ever, after posting a record quarterly net profit of Rs.69.4 crore in the March quarter, up nearly 178% from the year-ago period on a consolidated basis.
At nearly Rs.98 crore, the proposed dividend payout, which is subject to shareholder approval at the annual general meeting, comprises about 51% of Honasa's FY26 standalone net profit, filings with the stock exchanges showed. The firm's revenue from operations surged 23% year-on-year to Rs.657 crore in the March quarter.
In FY26, the Gurugram company's net profit soared to Rs.200 crore from Rs.72.6 crore the previous ...
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